ShotSpotter temporarily reactivated in Cambridge months after city worker's death
Gunshot-detecting technology ShotSpotter has been temporarily reactivated in Cambridge, Massachusetts, for 90 days following a city council vote. This decision comes months after the technology was initially deactivated and drew criticism after the shooting death of city employee Xavier Bautista in July. The city council's aim is to allow a resident assembly to make an official recommendation on the technology's future while addressing concerns about its effectiveness and privacy implications.
466,860 Shares in SoundThinking, Inc. $SSTI Purchased by Rice Hall James & Associates LLC
Rice Hall James & Associates LLC recently acquired 466,860 shares of SoundThinking, Inc. (NASDAQ:SSTI) valued at approximately $4.23 million, giving them a 3.61% stake in the company. Institutional investors now own 60.74% of SSTI. This acquisition comes as analyst sentiment for SoundThinking is cautious, with an average "Hold" rating and a target price of $10.83, following recent downgrades and the company missing quarterly earnings expectations.
SoundThinking, Inc. (NASDAQ:SSTI) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
SoundThinking, Inc. (NASDAQ:SSTI) recently reported Q2 results that fell short of analyst expectations, leading to a darker outlook from analysts. Revenue estimates for 2026 were downgraded, and expected losses per share significantly increased. The consensus price target also dropped by 22%, reflecting concerns about the company's future performance relative to the wider industry.
SoundThinking (SSTI) Stock Sees Fair Value Cut After Q2 Guidance Reset
SoundThinking's (SSTI) fair value estimate has been cut by approximately 23% from US$13.17 to US$10.17 following its Q2 guidance reset. While some analysts, like Roth Capital and Northland, remain bullish despite the lowered outlook, others, such as Lake Street and Citizens, have turned more cautious due to disappointing Q1 and Q2 results and broader issues affecting the ShotSpotter segment. This revision reflects updated assumptions in revenue growth, profit margin, future P/E, and discount rate.
SoundThinking, Inc. (NASDAQ:SSTI) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
SoundThinking, Inc. (NASDAQ:SSTI) reported Q2 results that missed analyst expectations, with revenues at US$24m and a statutory loss of US$0.37 per share, significantly worse than predicted. Following this, analysts have lowered their 2026 revenue forecasts to US$99.4m (from US$109.2m) and increased loss per share expectations to US$1.12 (from US$0.68). The consensus price target has also been cut by 22% to US$10.17, reflecting concerns about the company's performance and slower revenue growth compared to the wider industry.
Cantor Fitzgerald cuts SoundThinking stock price target on revenue miss
Cantor Fitzgerald lowered its price target for SoundThinking (NASDAQ: SSTI) shares from $10 to $8 while maintaining a Neutral rating, following the company's Q2 revenue miss and reduced guidance. SoundThinking reported a Q2 loss wider than expected and a 7.7% revenue decrease year-over-year, leading to a downward revision of its full-year 2026 revenue and adjusted EBITDA margin outlook. Despite these challenges, InvestingPro analysis suggests the stock is undervalued, and the company has implemented cost-cutting measures, anticipating $4 million in annualized savings.
SoundThinking (NASDAQ:SSTI) Lowered to Strong Sell Rating by Wall Street Zen
Wall Street Zen downgraded SoundThinking (NASDAQ:SSTI) to a "strong sell" rating, while other analysts have also revised ratings or price targets downwards following the company's recent earnings miss. SoundThinking reported a larger-than-expected loss of $0.37 per share and lower-than-anticipated revenue of $23.89 million for the quarter. Management further reduced its 2026 revenue guidance and adjusted EBITDA margin target, raising concerns about its growth and profitability outlook.
SoundThinking (SSTI) posts lower H1 2026 revenue and deeper net loss
SoundThinking, Inc. (SSTI) reported a significant decline in revenue and a widening net loss for the first half of 2026. Revenues fell to $48.1 million from $54.2 million in the prior year, primarily due to customer non-renewals and a reduction in catch-up revenues, while the net loss deepened to $11.8 million from $4.6 million. Despite these financial challenges, the company maintains liquidity with an available revolving credit facility and substantial remaining performance obligations, indicating future contracted revenue.
SoundThinking: Q2 Earnings Snapshot
This article provides a Q2 earnings snapshot for SoundThinking. The original content is extremely brief and only contains the title, implying that the detailed earnings information was not fully scraped or was not present in the source.
SoundThinking, Inc. Stock 12‑Month Price Target Cut to $9, Implies 9% Upside
The average 12-month price target for SoundThinking, Inc. (SSTI) stock has been reduced from $13 to $9 by 5 analysts, with individual forecasts ranging from $6 to $13 per share. This new target suggests a potential upside of approximately 9% from the Aug. 13 closing price. Despite the target cut, the consensus rating from 6 analysts remains "Buy," with 2 Buys, 4 Holds, and 0 Sells.
SoundThinking, Inc. Stock 12‑Month Price Target Cut to $9, Implies 9% Upside
SoundThinking, Inc.'s stock (SSTI) has seen its average 12-month price target reduced from $13 to $9 by 5 analysts, with individual forecasts ranging from $6 to $13. This new target implies a potential upside of approximately 9% based on the August 13 closing price. Despite the target cut, the consensus rating from 6 analysts remains "Buy," comprising 2 Buys and 4 Holds.
SoundThinking (NASDAQ:SSTI) Rating Lowered to "Hold" at Lake Street Capital
Lake Street Capital downgraded SoundThinking (NASDAQ:SSTI) from "Buy" to "Hold" and set an $8.00 price target after the company missed Q2 earnings and revenue estimates. SoundThinking reported a quarterly loss of $0.37 per share against a consensus of $0.25, and revenue of $23.89 million, below the $25.77 million forecast. The stock currently has a consensus "Hold" rating and a target price of $12.80 among analysts.
SoundThinking (NASDAQ:SSTI) Earns "Market Perform" Rating from Citizens Jmp
Citizens JMP reiterated its "Market Perform" rating on SoundThinking (NASDAQ:SSTI), while Lake Street Capital downgraded the stock to "Hold" due to disappointing Q2 earnings and reduced 2026 guidance. SoundThinking reported a larger-than-expected loss per share and missed revenue estimates, prompting a lowered revenue forecast of $99 million-$100 million for 2026. The company currently holds a consensus "Hold" rating from analysts with a target price of $11.00.
SoundThinking, Inc. Stock 12‑Month Price Target Cut to $12, Implies 45% Upside
SoundThinking, Inc. (SSTI) has seen its average 12-month price target lowered from $13 to $12 by analysts, with individual forecasts ranging from $8 to $20 per share. Despite the cut, the new target suggests a potential upside of approximately 45% from its August 13th closing price. The consensus rating for SSTI remains a "Buy" from six analysts.
SoundThinking (SSTI) Q2 2026 Earnings Call: Guidance Cut as Deployment Delays Weigh
SoundThinking (SSTI) reported a weaker Q2 2026 with revenue down to $23.9 million and a widened GAAP net loss of $4.8 million. The company consequently reduced its full-year revenue guidance to $99-$100 million and adjusted EBITDA margin to 8%-9%, primarily due to delayed deployments, professional services timing, and slower ShotSpotter sales. Despite these top-line challenges, cost-optimization efforts led to $4 million in annualized savings and a return to positive adjusted EBITDA of $1.2 million.
SoundThinking, Inc. Stock 12‑Month Price Target Cut to $12, Implies 45% Upside
SoundThinking, Inc. (SSTI) has seen its average 12-month price target cut from $13 to $12 by analysts, with a range of $8 to $20 per share. This updated target implies a 45% potential upside based on the Aug. 13 closing price. Despite the target cut, the consensus rating from 6 analysts remains a "Buy."
SoundThinking: Q2 Earnings Snapshot
SoundThinking, Inc. (SSTI) reported a Q2 loss of $4.8 million, or 37 cents per share. The company, which produces gunfire detection systems, also announced revenues of $23.9 million for the quarter.
Full Transcript: SoundThinking Q2 2026 Earnings Call
SoundThinking reported Q2 2026 revenue of $23.9 million, with adjusted EBITDA improving to $1.2 million from negative $100,000 in Q1, driven by $4 million in annualized savings from optimization initiatives. Despite securing over $23 million in multi-year renewals and new deals, the company revised its full-year 2026 revenue guidance downward to $99-$100 million from $109-$111 million due to project delays and elongated sales cycles, especially for ShotSpotter. The company acknowledged increased political scrutiny and sales execution challenges affecting ShotSpotter deployments but remains confident in underlying demand and future growth opportunities.
SoundThinking (SSTI) Reports Q2 Loss, Misses Revenue Estimates
SoundThinking (SSTI) reported a Q2 loss of $0.37 per share, missing the Zacks Consensus Estimate of a $0.27 loss, and revenues of $23.89 million, also below the $25.89 million estimate. This marks the company's inability to surpass consensus EPS estimates for the last four quarters and only once for revenue. The stock, currently holding a Zacks Rank #3 (Hold), has underperformed the S&P 500 year-to-date.
SoundThinking (NASDAQ:SSTI) Releases Quarterly Earnings Results, Misses Estimates By $0.12 EPS
SoundThinking (NASDAQ:SSTI) reported a quarterly loss of $0.37 per share, missing analyst estimates by $0.12, and revenue of $23.89 million, below the $25.77 million forecast. The company also cut its full-year 2026 revenue guidance to $99-$100 million due to project delays and slower sales, although management noted 70% of the reduction is timing-related, shifting revenue to 2027. Despite the revised outlook, SoundThinking saw an improvement in adjusted EBITDA to $1.2 million and maintained strong customer retention.
Earnings call transcript: SoundThinking Q2 2026 miss sparks sharp after-hours drop
SoundThinking reported a significant miss in its Q2 2026 earnings, posting a wider loss and lower revenue than analysts expected, leading to a nearly 19% after-hours stock drop. Despite the financial setback, the company achieved positive adjusted EBITDA due to aggressive cost-cutting and workforce optimization initiatives. Management revised full-year 2026 revenue guidance downwards, attributing much of the reduction to timing delays in contract conversions and deployments rather than lost deals, while also acknowledging challenges with elongated sales cycles in a politically charged market.
SoundThinking, Inc. Reports Second Quarter 2026 Financial Results
SoundThinking, Inc. reported a decline in second-quarter 2026 revenues and adjusted EBITDA compared to the previous year, falling below expectations. The company revised its full-year 2026 revenue guidance to $99.0 million to $100.0 million and adjusted EBITDA margin to 8% to 9%, citing challenging macro and procurement environments. Despite the updated outlook, SoundThinking remains confident in its long-term growth opportunities, driven by platform investments, AI capabilities, and expansion of its public safety and commercial security solutions.
SoundThinking revenue falls 8% as 2026 outlook is lowered
SoundThinking (Nasdaq: SSTI) reported an 8% decline in second-quarter 2026 revenue to $23.9 million, primarily due to non-renewals and delayed renewals. As a result, the company significantly cut its full-year 2026 revenue guidance to $99.0–$100.0 million and lowered its Adjusted EBITDA margin outlook to 8%–9%. The negative financial results and revised guidance led to a 17.66% drop in SSTI's stock price following the announcement.
Quantinno Capital Management LP Boosts Holdings in SoundThinking, Inc. $SSTI
Quantinno Capital Management LP significantly increased its stake in SoundThinking, Inc. (NASDAQ:SSTI) by 264.8% in the first quarter, now owning 236,581 shares valued at $1.57 million. This move comes as SoundThinking reported a quarterly loss of $0.54 per share, missing analyst estimates, and analysts maintain a "Hold" rating with a consensus price target of $14.00. Institutional investors now hold 60.74% of the company's stock.
(SSTI) Movement as an Input in Quant Signal Sets
This article analyzes Soundthinking Inc. (NASDAQ: SSTI) using quantitative signal sets. It identifies strong near-term sentiment but persistent mid and long-term weakness, outlining an exceptional risk-reward short setup. The analysis provides AI-generated trading strategies (Position, Momentum Breakout, Risk Hedging) with specific entry, target, and stop-loss levels across different time horizons.
SoundThinking Inc (SSTI) Earnings Forecast: Future EPS & Revenue Growth Estimates
SoundThinking Inc (SSTI) has an earnings forecast score of 7.33, ranking 260th in the Software & IT Services industry. Analysts have set an average price target of $16.00, with forecasts ranging from $10.00 to $20.00, and predominantly recommend a "Buy" for the stock. The company's next quarter's expected revenue is $25.76 million, and EPS is anticipated to be -$0.25.
SoundThinking Announces Second Quarter 2026 Financial Results Date and Conference Call
SoundThinking, Inc. announced it will release its second quarter 2026 financial results after market close on Thursday, August 13, 2026. The company will host a live conference call and webcast on the same day at 4:30 p.m. ET to discuss the results and outlook. Interested parties can access the webcast through SoundThinking's Investor Relations website or by dialing into the conference call.
SoundThinking sets Aug. 13 webcast to discuss second-quarter results
SoundThinking (Nasdaq: SSTI) will release its second-quarter 2026 financial results after market close on Thursday, August 13, 2026. The company will host a live conference call and webcast at 4:30 p.m. Eastern Time on the same day to discuss its results and outlook. Investors can access the webcast via SoundThinking's Investor Relations website or participate by telephone.
SoundThinking Inc (SSTI) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of SoundThinking Inc (SSTI), detailing its current price momentum score, support and resistance levels, and indicator and moving average readings. It highlights that SSTI is currently suitable for range-bound swing trading, with its price trading between a resistance level of 8.81 and a support level of 7.22. The analysis also includes FAQs explaining technical ratings and moving averages.
Mass. council votes to reactivate gunshot locating system after fatal shooting of city employee
The Cambridge City Council has voted to temporarily reactivate the ShotSpotter gunshot technology for 90 days following the fatal shooting of city worker Xavier Bautista. This decision reverses their May vote to end the contract with SoundThinking Inc., citing concerns over the technology's reliability and its concentration in minority neighborhoods. Councilors supporting the reactivation emphasized the need for a fact-based conversation about public safety in light of recent tragedies.
SoundThinking, Inc. $SSTI is Kopion Asset Management LLC's 6th Largest Position
Kopion Asset Management LLC increased its stake in SoundThinking, Inc. (NASDAQ:SSTI) by 14.6% in the second quarter, making it their sixth-largest holding and representing 6.4% of their portfolio. SoundThinking, a public safety technology company, reported a quarterly loss of $0.54 per share and revenue of $24.18 million, missing analyst expectations. Despite mixed analyst sentiment and a consensus "Hold" rating with a $14.00 price target, institutional investors collectively own 60.74% of the company.
Cambridge city council reverses course, brings back controversial gunfire detection technology
The Cambridge City Council has voted to temporarily reinstate ShotSpotter, a controversial gunfire detection technology, less than three months after ending its contract. This decision follows public outcry and debate, particularly after the fatal shooting of Xavier Bautista. The council also plans to form a resident panel to evaluate the long-term use of the technology, amidst ongoing concerns about its effectiveness and surveillance implications.
Cambridge City Council votes to restore ShotSpotter after city worker’s shooting death
The Cambridge City Council has voted to temporarily restore ShotSpotter technology for 90 days following the fatal shooting of city worker Xavier Bautista. The council had previously voted to end its contract due to concerns about reliability and concentration in minority neighborhoods. City councilors cited the recent tragedy as a reason to revisit the technology's potential role in public safety.
SoundThinking (SSTI) Projected to Release Earnings on Tuesday
SoundThinking (SSTI) is projected to release its Q2 2026 earnings after market close on Tuesday, August 11th, with analysts forecasting a loss of $0.27 per share and revenue of $25.8 million. The company's previous quarter missed expectations, reporting a $0.54-per-share loss. Despite being unprofitable and analysts expecting a full-year loss, SSTI shares recently traded up 3.8% to $8.14, and institutional investors own approximately 60.7% of the company.
Liquidity Mapping Around (SSTI) Price Events
The article provides a detailed AI-driven analysis for Soundthinking Inc. (NASDAQ: SSTI), highlighting a near-term neutral sentiment amidst mid and long-term weakness. It identifies a strong risk-reward short setup with a significant downside target and outlines distinct trading strategies (Position, Momentum Breakout, Risk Hedging) tailored for different risk profiles, along with multi-timeframe signal analysis. The analysis emphasizes institutional-grade insights and real-time signals for traders.
SoundThinking, Inc. (NASDAQ:SSTI) Given Average Recommendation of "Hold" by Analysts
SoundThinking, Inc. (NASDAQ:SSTI) has received an average "Hold" rating from analysts, with a collective view of three buy, three hold, and one sell recommendation. The company recently reported a quarterly loss of $0.54 per share, missing the consensus estimate, and its revenue of $24.18 million was slightly below forecasts. Institutional investors hold over 60% of the stock, with several firms increasing their stakes.
SoundThinking Inc (SSTI) Valuation: PE, PB & Fair Value Analysis
This article analyzes the valuation of SoundThinking Inc (SSTI), noting its current valuation score of 7.76, ranking 303 out of 486 in the Software & IT Services industry. It highlights the company's P/E ratio of -6.81, which is significantly below its recent high and above its recent low. The report also mentions that relevant data for P/B, P/S, and P/CF ratios have not yet been disclosed by the company.
SSTI Financials
This article provides a detailed financial overview of SoundThinking Inc. (SSTI), including its income statement, balance sheet, and cash flow statement. It highlights key financial indicators like revenue, EPS, net profit, and various margins, alongside an analyst rating of "BUY" for FY2025. The data is presented quarterly and annually, offering a comprehensive look at the company's financial health.
SoundThinking Inc (SSTI) Financial Health: Profitability & Balance Sheet Analysis
SoundThinking Inc (SSTI) currently holds a financial score of 6.41, placing it 359th out of 486 in the Software & IT Services industry. The company's financial status is stable with average operating efficiency. Recent financial results show a 14.71% year-over-year decrease in quarterly revenue and a significant 372.04% year-over-year decrease in net profit.
SoundThinking urges conference attendees to explore public safety ecosystem at NOBLE event
SoundThinking is promoting its connected public safety ecosystem at the National Organization of Black Law Enforcement Executives (NOBLE) Annual Training Conference. The company aims to showcase how its technologies enhance real-time response to critical events. This initiative follows recent expanded partnerships with law enforcement agencies and documented effectiveness in detecting gunfire incidents.
SoundThinking Inc (SSTI) Revenue Breakdown: Business Segments, Regional Revenue & Profit Contribution
This article from TradingKey provides a revenue breakdown for SoundThinking Inc (SSTI), including business segments, regional revenue, and profit contribution. It notes that the relevant financial data for these categories has not yet been disclosed by the company. The article also provides current stock market information for SSTI.
SoundThinking Inc (SSTI) Risk Assessment: Volatility, Financial Risk & Investment Risk
This article provides a risk assessment for SoundThinking Inc (SSTI), detailing its volatility, financial risk, and investment risk. It highlights the company's current risk assessment score within the Software & IT Services industry, its beta value relative to the S&P 500 index, and various financial metrics including maximum drawdown, volatility, and liquidity. The report indicates SSTI tends to outperform in upward markets but declines more significantly in downward markets.
SoundThinking Inc (SSTI) Cash Flow
This article provides a detailed quarterly and annual cash flow statement for SoundThinking Inc (SSTI), covering operating, investing, and financing activities. It breaks down various cash flow components such as net income, capital expenditures, and changes in working capital, presenting both monetary values and year-over-year percentage changes. The report also includes FAQs explaining different types of cash flows and their significance for investors.
SSTI|SoundThinking Inc|Price:8.270|Chg%:+0.020
This article provides a comprehensive stock analysis of SoundThinking Inc (SSTI), highlighting its strong fundamentals and significant growth potential. Despite its valuation being considered fairly valued within the Software & IT Services industry, analysts have rated it a "Buy" with an upside potential of over 57%. The company's financials show high profit growth, though there are risks such as institutional selling and a high P/E ratio indicating it might be overvalued.
SoundThinking, Inc. Revenue Breakdown – NASDAQ:SSTI
SoundThinking, Inc. (NASDAQ: SSTI) generated $104.13 million USD in revenue last year, with its Subscription, Maintenance and Support segment being the top performer at $103.10 million USD. The majority of the company's revenue, $100.60 million USD, originated from the United States.
Why (SSTI) Price Action Is Critical for Tactical Trading
This article analyzes Soundthinking Inc. (NASDAQ: SSTI) using AI models, highlighting weak sentiment across all horizons but also a breakout with potential for higher levels due to no remaining resistance. It provides three distinct trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—with specific entry, target, and stop-loss levels, along with multi-timeframe signal analysis.
Why (SSTI) Price Action Is Critical for Tactical Trading
This article provides an in-depth analysis of Soundthinking Inc. (SSTI) stock's price action for tactical trading, using AI-generated signals and institutional trading strategies. It highlights near-term weak sentiment, mid-term strength, and long-term weak bias, offering specific entry, target, and stop-loss zones for various trading profiles. The analysis is presented by the Quantitative Research Desk and emphasizes risk management.
SoundThinking Highlights Major Multi-Year Customer Renewals in Q2 2026
SoundThinking, Inc. (Nasdaq: SSTI) announced multi-year ShotSpotter customer renewals valued at over $23 million in total contract value, reflecting continued trust in their gunshot detection technology. Major renewals include cities like Albuquerque, Worcester, and Peoria, as well as the Massachusetts State Police. The company emphasizes its commitment to innovation and customer support in helping law enforcement enhance public safety and improve investigative outcomes.
Five public safety agencies renew ShotSpotter deals worth $23M
SoundThinking (Nasdaq: SSTI) announced over $23 million in multi-year renewals for its ShotSpotter and CrimeTracer solutions with several major public safety agencies in Q2 2026. These renewals, including those with Albuquerque, Worcester, Richland County, Macon-Bibb County, Peoria, and Massachusetts State Police, underscore the continued value these agencies place on SoundThinking's technology for improving public safety. The company highlights these agreements as reflections of durable customer commitment and the effectiveness of their solutions in crime reduction strategies.
SoundThinking Highlights Major Multi-Year Customer Renewals in Q2 2026
SoundThinking, Inc. announced several multi-year ShotSpotter customer renewals in Q2 2026, totaling over $23 million in contract value. These renewals, including major contracts with police departments in Albuquerque, Worcester, and Richland County, reflect continued customer investment in their acoustic gunshot detection technology. The company emphasized its commitment to innovation and customer support in helping law enforcement enhance public safety and improve investigative outcomes.
